ZKX Raises $7.6M to Expand Its Social Perp Trading DEX Built on Starknet and Ethereum

ZKX, the first Social Perp Trading DEX built on Starknet and Ethereum, has successfully raised a total of $7.6M to date. This includes a recent seed valuation round of $6.3 million

ZKX, the first Social Perp Trading DEX built on Starknet and Ethereum, has announced a total capital raise of $7.6 million to date, including a recent seed valuation round of $6.3 million.

This round, led by Flowdesk, featured participation from GCR, Hashkey, Amber Group, Crypto.com, DeWhales, and StarkWare. The fresh capital will be used to accelerate the expansion of the ZKX Protocol, introducing new features like social copy trade pools and cross-chain interoperability.

This aligns with ZKX's vision of making perpetual swaps fun and accessible for all. The protocol is designed to make trading social with gamified trading battles of perpetual futures, leveraging its appchain to deliver unparalleled scalability and high-speed APIs.

This week, the protocol also launched its native token, $ZKX, on KuCoin, Gate.io, and Bitget. The launch of this token will empower ZKX users and community members to shape the direction of the protocol together with the team.

Eduard Jubany Tur, Founder at ZKX, said, "Two years ago, we launched ZKX with the goal of making DeFi accessible and social. Today, we celebrate a major milestone with the launch of the $ZKX token."

"This token is not just a digital asset; it's a way to reward the incredible contributions from our community members, users, and partners. It will play a key role in governance, staking, and growth of the ZKX ecosystem."

"We deeply appreciate the support of our investors who believe in our vision. This milestone marks the beginning of a transformative year for ZKX and our users."

The launch of $ZKX is accompanied by the launch of staking and airdrop. Starting on June 19th, users can stake $ZKX to earn a share of the platform's revenue.

The staking plans are designed to incentivize a stable and committed user base, which is crucial for the platform's growth and sustainability.

Airdrop is set to reward active community members and early adopters. With a total supply of 100 million tokens, 33% will be unlocked at launch.

ZKX aims to expand its presence across multiple L1 and L2 blockchain ecosystems in 2024. To learn more about ZKX, please visit https://zkx.fi/.

News source：https://www.kdj.com/cryptocurrencies-news/articles/zkx-raises-m-expand-social-perp-trading-dex-built-starknet-ethereum.html

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